A peek inside Princess Diana's Kensington Palace

In this picture taken with a fish-eye lens, people stand around the "luminous lace" light sculpture by designers Loop.pH in the Stone Hall during a press preview at what used to be the official residence of the late Princess Diana, Kensington Palace in London, Tuesday, March 20. Kensington Palace has been transformed following a 12 million pounds ($19 million, 14.4 million euro) restoration project timed to be completed for this summer's Queen Elizabeth II's Diamond Jubilee and the London 2012 Olympics.

Andrew Winning / Reuters

A dress worn by Princess Diana is displayed in Kensington Palace which reopened today after a 12 million pound Sterling (19 million USD) renovation in central London on March 20.

Oli Scarff / Getty Images

A woman views an art installation in the Queen's Bed Chamber in Kensington Palace on March 20 in London, England. Kensington Palace is due to reopen to the public on March 26 following an extensive renovation project. The refurbishment has seen the renovation of the King and Queen's state apartments, a display of dresses worn by Diana, Princess of Wales and an exhibition charting the life of Queen Victoria.

Matt Dunham / AP

Models dressed as period courtiers pose for photographs on "the King's Staircase" during a press preview at what used to be the official residence of the late Princess Diana, Kensington Palace in London, Tuesday, March 20. Kensington Palace has been transformed following a 12 million pounds (US$19 million, euro14.4 million) restoration project timed to be completed for this summer's Queen Elizabeth II's Diamond Jubilee and the London 2012 Olympics.

Andy Rain / EPA

Queen Victoria's living quarters are photographed through her devotion screen at Kensington Palace in London, Britain, on March 20. A major new exhibition unveiled as part of a 14 million euro transformation of Kensington Palace explores the life of Queen Victoria, Britain's longest serving monarch, and the palace's most famous resident Princess Diana. The Palace opens to the public on March 26.

For the first time since a $20 million renovation, Kensington Palace will open to the public with an exhibition of Princess Diana's favorite dresses. NBC's Michelle Kosinski reports.